BETA This is a new service – your feedback will help us to improve it.

CARLISLE BRASS LIMITED

Company number: 02022858

Reporting period:
1 January 2024 to 30 June 2024

---

This information is as reported by the business, and responses are in their own words.

This report was filed on 26 July 2024

and approved by James Rocke

Payment statistics

Average time taken to pay invoices: 34 days

Invoices paid:

• within 30 days: 49%
• in 31 to 60 days: 40%
• in 61 days or more: 11%

Invoices due but not paid within agreed terms: 46 %

Payment terms

Shortest standard payment period

0 days

Longest standard payment period

90 days

Standard payment terms

Standard contractual terms for the majority of foreign goods is 60 days. For UK goods and services it is 30 days. The maximum contractual period is 90 days.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

90 days

Any other information about payment terms

Our payment process dictates that payment of invoices on end-of-month terms is made in the first week of the following month. We are pleased to report that over 80% of our purchase invoices are paid within 10 calendar days of the due date.

Dispute resolution process

Disputes are reported to suppliers in a timely manner, with the transaction remaining unauthorised until resolved

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

No

Does this business offer e-invoicing in relation to qualifying contracts? This is where suppliers can electronically submit and track invoices. It’s not just allowing suppliers to email them an invoice.

No

Does this business offer supply chain finance? This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

No

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

No

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No